What does that mean? Since both are pass throughs what is the income the sub s passes through to the share holders taxed at. AGAIN "BE CAREFUL...
WOW! one would never want to trade in a sub s as at least 50% of your trading profit will be distributed to you as payroll causing you to pay a...
read fast as I know the high kahunas will delete this, but at Traders Accounting we have learned over the past 13 years, that; 1. there are a...
Wow, the LLM is the degree of distinction in our firm, and most others that I know of. Go get it and then you can adopt me with all of the $$...
there is no limit to the number of years an individual can carry forward a capital loss, but comeon, think positive that you will make money in...
Futures, even though taxed at a much better rate than stocks or options are still capital gain/loss. In the case of a loss unless you have...
Thanks, however tax rules change so often why would you put anything in a book that someone might pick up and rely on months after the rules have...
From my vantage point many traders are making errors that are costing them thousands of dollars each year, couple that with the 5 critical...
Traders Accounting will probably argue with you about who the authority is. jc
Either will work for an active trader, in Texas we prefer our traders to have an LP, while in other states an LLC is probably a better vehicle, as...
Your accountant may be correct for two reasons. Your job may be the frirst. This was not an issue until the Tax Court Case of Chen vs. the...
He is absolutely correct, you should consult with someone that knows about traders taxation, much of the advise you are receiving is dubious at...
Traders taxation is quite complicated. If you have a stock which you have intimated and you sell it this year you will have a short term gain...
stevenpaul, great question. To begin with though FOREX is not taxed as a 1256 contract, it is taxed under the IRC 988 rules which indicates that...
WOW!! Every trader on this chat room could say the same thing, "help us o Lord to decrease our stupidity". One thing that helps a lot of traders...
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